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Coldwell Banker Australia’s non-presence in Second Life

August 28, 2007 by Metaverse Journal Editor 11 Comments

I came across a press release dated August 23rd from Coldwell Banker Australia, touting its win of an innovation award, partly for its Second Life presence. To quote from the press release:

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COLDWELL BANKER’S USE OF ONLINE VIDEO AND ENTRANCE INTO SECOND LIFE® EARNS “MOST INNOVATIVE FRANCHISE” TITLE

HOPE ISLAND,QLD. (August 23, 2007) – Coldwell Banker Australia is pleased to announce that Coldwell Banker Real Estate LLC has won the 2007 Inman News Innovator Award in the franchise category. The announcement was made at the Inman Real Estate Connect Conference in San Francisco, just one day after Coldwell Banker® made history by being the first national real estate brand to market a real home in the virtual 3-D world of Second Life. Inman News is a
leading independent real estate Web site and media news service.

Mr Alex Caraco, chief executive officer of Coldwell Banker Greater Australia said, “Coldwell Banker has a long and distinguished history of keeping up with customer’s demands in regards to property information and innovative forms of consumer control, this award recognizes that we have become “the next generation” real estate brand” Coldwell Banker entered the second phase of its involvement in Second Life recently when it unveiled a 3-D reproduction precisely matching the specifications of a newly constructed $3.1 million home in Washington, currently listed for sale by Coldwell Banker. Users can visit www.coldwellbankervirtualhome.com for immediate access to the “real world” home and to Second Life.

Previously, Coldwell Banker became the first national real estate company to open a virtual headquarters on Second Life and in March began selling 500 virtual homes to Second Life members.

“Second Life is a great example of our willingness to explore new channels,” said Charlie Young, senior vice president of marketing for Coldwell Banker Real Estate LLC. “We are gaining insight into the potential of 3-D as a marketing vehicle and learning how a tech-savvy consumer wants to interact with the brand prior to even contacting a sales associate.”
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coldwell.jpg

Of course, Coldwell have been in SL since March but I thought I’d contact the Australian contact listed in the press release to ask what the Australian operation’s involvement was with SL. The response was:

“Coldwell Banker Australia at this stage is not involved in Second Life , the media release was an announcement of the brand’s initiatives.”

Here’s a perfect example of a subsidiary attempting to look innovative by riding on the coattails of a parent company. It’s one of those examples where there’s zero interest in engaging with SL residents and maximum interest in hyping the perception of innovation.

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Filed Under: Australian News, Business, The Archive, Virtual Worlds Tagged With: business, coldwell

Reader Interactions

Comments

  1. mike says

    August 31, 2007 at 11:47 am

    thats how franchises work.

    yeesh

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  2. Lowell Cremorne says

    August 31, 2007 at 6:10 pm

    Hi Mike,

    Can see your point. My point was that when I contacted the person listed on the press release, they knew nothing about SL or any involvement the Australian operation had in it. Why put out information you can’t answer queries about?

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  3. mike says

    September 1, 2007 at 1:47 am

    thats how franchises work.

    yeesh

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    Reply
  4. Lowell Cremorne says

    September 1, 2007 at 8:10 am

    Hi Mike,

    Can see your point. My point was that when I contacted the person listed on the press release, they knew nothing about SL or any involvement the Australian operation had in it. Why put out information you can’t answer queries about?

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    Reply
  5. ALEX CARACO says

    September 5, 2007 at 7:46 pm

    Dear Lowell,

    Thank you for your comments. It is not our intention to take an unfair advantage of an intiative that our Head Office is sponsoring. Hence we were straight forward with our reply that currently Coldwell Banker Australia is not involved although we are more than happy to partake if given the opportunity through our Head Office.

    We are currently seeking information from Our Head Office to be able to assist.

    Regards Alex Caraco CEO
    COLDWELL BANKER AUSTRALIA

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  6. Lowell Cremorne says

    September 5, 2007 at 8:24 pm

    Hi Alex,

    Thanks for your response. Look forward to seeing the Australian division active if it all works out.

    Thanks

    Lowell

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  7. ALEX CARACO says

    September 6, 2007 at 9:46 am

    Dear Lowell,

    Thank you for your comments. It is not our intention to take an unfair advantage of an intiative that our Head Office is sponsoring. Hence we were straight forward with our reply that currently Coldwell Banker Australia is not involved although we are more than happy to partake if given the opportunity through our Head Office.

    We are currently seeking information from Our Head Office to be able to assist.

    Regards Alex Caraco CEO
    COLDWELL BANKER AUSTRALIA

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    Reply
  8. Lowell Cremorne says

    September 6, 2007 at 10:24 am

    Hi Alex,

    Thanks for your response. Look forward to seeing the Australian division active if it all works out.

    Thanks

    Lowell

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    Reply

Trackbacks

  1. Second Life News for August 28, 2007 « The Grid Live says:
    August 28, 2007 at 11:58 pm

    […] Coldwell Banker Australia’s non-presence in Second Life Of course, Coldwell have been in SL since March but I thought I’d contact the Australian contact listed in the press release to ask what the Australian operation’s involvement was with SL. The response was: […]

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  2. Virtually Time » Big Business Village is Big says:
    August 30, 2007 at 6:50 am

    […] the article on Australia’s Second Life News Source about Coldwell Banker Australia announcing their franchise’s win of the Inman Innovator […]

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  3. Sweet Second Life - Today’s Top Blog Posts on Second Life - Powered by SocialRank says:
    October 1, 2007 at 8:07 pm

    […] Coldwell Banker Australia’s non-presence in Second Life […]

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